Member Info for BilboMultiBaggin

He has broken all of them now though :-p

All I was saying is that, yet again this share seems to be following that all to familiar pattern that I see time and time again across aim.
Never mind jam tomorrow. 3-5 aim years is an infinity
Just for the record I am a holder here.

I can't say I'm convinced, IMO ? Saffron wasn't all it was cracked up to be.. Bit of asset swapping and we can fade Into the background with our swag in hand and reputation in tact ....... Now where have I seen that before?

I’m not expecting much sp action any time soon. In my experience aim stock seem to have a funny habit when they go into production, All sentiment seems to leave the market and its all about profits/loss...until somebody starts to prove that the debt is under control and being paid and there is money to be made on top. I’m not expecting any more sharp spikes, more of a slow gradual rise which you only notice when you look back... that is of course if the company can prove it’s worth..
and it it hasn’t been taken private by then... many of the long term posters here often talk about dividends ..
One of my aim stock has paid a dividend last 4 years on the trot, approx 7% yield per year and its never really done anything to help the sp
Just my thoughts on it all

You just seemed very sure of yourself in saying that you expect further delays, was just wondering why you think this might be?

So, what excuses do you think they will come up with next, as to why Spmp continue to drag their feet ?

Taken from 3rd jan 2020 rns

SPMP’s bank loans

SPMP is currently in technical default of its current banking facility arrangements with Bank Nizwa and Al Aziz Bank as the most recent repayment obligation has not, as yet, been met. The short term funding arrangements referred to above are intended to remedy this default.

As part of the current SPMP facility arrangements, on 15 March 2018 each shareholder in SPMP entered into a conditional completion guarantee (the “Guarantee”) in favour of Bank Nizwa and Al Aziz Bank. Tri-Star’s obligation under the Guarantee amounts to 40% of SPMP’s liabilities outstanding to these two banks, which currently stands at approximately USD30 million (out of a total owed of approximately USD75 million). Tri-Star’s obligations under the Guarantee fall away once commercial production of SPMP’s facility in Oman has been achieved. The board of Tri-Star believes this now to be the position as it has been informed by SPMP that commercial grade antimony has been produced (as announced on 18 November 2019) and commercial grade gold dore has been produced and sold. The Guarantee will be formally discharged once an independent consultant certifies to the banks that commercial production has been successfully started.

Suzy Boozy, I might be wrong, but I don’t think the RNS was so much about whoopy Doooo We sold a whole 60tons
I think the important part is the fact that we should no longer be responsible for 40% of SPMPs liabilities

I just assumed they used Zak and probably a bit of manipulation to help raise the sp, then issued new shares to pay the bills. And now they are being sold off

The spread for one

Well my guess is that most knew todays rns was only at most going create a spike as opposed to a re-rate of the sp. not because it was bad news, but because
The impact of Covid and poo... let’s face it, there is still lots to pay for, and very little if any income being generated, and its likely to be at least 6-8 months before the company starts to develop that field further, And the world returning to some sort of normality

I do wonder sometimes how many of these ppl shouting 7p 20p etc have their fingers hovering over the sell button as their posting

Key workers? I'm a builder, am Im a key worker? My supplier was open this morning, I'm in an empty property, refurbishing on my own.... Am I allowed to work? My brother works for sky tv. He has been told he is a key worker, going in and out of people's property's all day long to install sky packages.... Can hardly call that essential....my customer is also in the building trade.. Who's says his site in London is still open today
And pretty much every builder I know has gone to work today

Ive always been self employed, and was told without ppi, I was unable to get credits, by law, even though it did not cover the self employed

It amazes me sometimes how 2 tiny little trades can wipe so much off a companies market cap

Thanks PW

So when the company mentions 50k oz of gold.
Do they mean 50k oz @25% purity? Or
Do they mean 200koz@ 25% purity?

I’ve a question about the gold.....
If we are producing at 25% I’m assuming it’s only 25% pure..
I know we a still fine tuning machinery so grades will get better...
How pure are we expecting to get to gold grades?

Well after a lot of averaging down and reinvesting divis for the second time ever I was in profit for a few minutes today

It’s just the churn from the last fund raising in my opinion... Odey didn’t take the whole the whole lot on... and we are well below the the placement price... which suggests to me , whoever took to rest of the fundraiser shares will need to turn them over quite a few times to get there money back.... imo without news / volume... we going to be stuck at this lvl . Until they clear them

Snow= appeared